Replies to post #34157 on Humanigen Inc (HGENQ)

[DonDonDonDon]

I do find quite ironic that D4 turns claims that HGEN’s drop is entirely due to XBI, ….so we should interpret it as a near perfect correlation of R = 1? Talk about double standard….. LMAO!

XBI is an ETF. We are literally tied to it. We are one of its biggest holdings. I believe XBI owns 8 million shares of HGEN out of 63 million outstanding shares. Since HGEN has a small market cap, the XBI going up or down has a big impact on our share price because XBI literally buys and sells HGEN as it goes up and down. Take a look at how similar today's movement is (for instance take a look at 15:07 when we both spike down in the same minute because of large sells):

https://www.cnbc.com/quotes/HGEN

https://www.cnbc.com/quotes/XBI

[cowtown jay]

It's not a correlation based on my method, tiko.

1. Watch for the amount of price change for the two companies.

2. When they are exactly equal

3. At the same time

That's what I call Price Change Parity. Very often, especially for CYDY, the correlated share price will immediately begin to function as either support or resistance. HGEN is more likely to take a few minutes to settle in, and will trade slightly above or below, but it will function as s/r in a little while.

Very often, within the last 2 hours of the session, share price will revert to the s/r level indicated with Price Change Parity, unless the company begins trending, as HGEN did yesterday.

It's an obvious algorithm. All I did was observe it.

D4 is not going to phase me in the least. But nobody else is, either. Nevertheless, I appreciate your encouragement.